Quick charity verification for Abbot Downing Historical Society Inc (EIN: 20333474)
Verdict: Abbot Downing Historical Society Inc appears trustworthy
90/100Mission Score
$27KRevenue
$1.2MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Strong asset growth, increasing from $862,827 in 2020 to $1,204,207 currently.
Zero liabilities across all reported periods, indicating excellent financial stability.
0% officer compensation reported, suggesting volunteer leadership and efficient use of funds.
Expenses consistently well below revenue, leading to significant financial surpluses.
High financial transparency regarding executive pay and debt management.
Spending Breakdown
How Abbot Downing Historical Society Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
10%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Abbot Downing Historical Society Inc
Is Abbot Downing Historical Society Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Abbot Downing Historical Society Inc (EIN: 20333474) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is Abbot Downing Historical Society Inc a good charity to donate to?
Abbot Downing Historical Society Inc has a Mission Score of 90/100. Revenue: $27K. Assets: $1.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Abbot Downing Historical Society Inc?
The Employer Identification Number (EIN) for Abbot Downing Historical Society Inc is 20333474. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Abbot Downing Historical Society Inc spend its money?
Abbot Downing Historical Society Inc allocates 80% to programs, 10% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Abbot Downing Historical Society Inc's tax-exempt status?
You can verify Abbot Downing Historical Society Inc's tax-exempt status using EIN 20333474 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
The Abbot Downing Historical Society Inc demonstrates strong financial health with consistently growing assets, reaching $1,204,207 in the latest period. The organization maintains zero liabilities across all reported periods, indicating excellent financial stability and a lack of debt. Spending efficiency appears very high, as total expenses have been significantly lower than revenue in all reported years, leading to substantial asset growth. For instance, in 2021, revenue was $240,700 while expenses were only $19,130. The organization also reports 0% officer compensation across all filings, which is a positive indicator of volunteer-driven leadership and efficient use of funds, contributing to high transparency regarding executive pay. However, without a detailed breakdown of expenses (program, administrative, fundraising) in the provided data, a precise assessment of spending efficiency across categories is limited. The NTEE code is also unknown, which slightly hinders understanding its specific programmatic focus.